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3. Blue Whale Inc. is considering investing in a project that has annual cash savings of $15,000 for the next five years. The initial

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3. Blue Whale Inc. is considering investing in a project that has annual cash savings of $15,000 for the next five years. The initial investment for this project is $45,000 and the required rate of return is 25%. Draw the cash flow diagram for this project and calculate the net present value manually. Should the company invest in this project? (10 points)

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